Peter & Steven Lowy Join Supervisory Board of Unibail Rodamco After Westfield Takeover
In fact, according to The Financial Times, there have been many mergers of this kind taking place recently. They explain, “There has been a recent flurry of prospective deals in the global retail property sector. The UK’s Hammerson offered £3.2bn ($4.3bn) to buy its smaller rival Intu while Canada’s Brookfield is trying to buy out the remainder of GGP real estate group for $15bn.”